Orders for Chip Tools
Surge Amid Demand

World-wide sales of chip-making equipment in June showed the highest percentage growth in 21 months, with demand expected to grow in the next quarter, an industry group said.

Global sales of tools used to make microchips jumped to $3.99 billion, up 50% from a year earlier, on quadrupled sales in China and growth in North America and Taiwan, the Semiconductor Equipment Association of Japan said. Orders, a measure of future sales, rose...